Tag: Bitcoin

Peter Thiel’s Bitcoin Paranoia

Peter Thiel’s Bitcoin Paranoia

Silicon Valley billionaire Peter Thiel finds himself in a confusing moral quandary as he struggles to weigh the merits of his nerdish belief in cryptocurrency against his patriotic paranoia focused on China’s economic rivalry with the United States. Participating in “a virtual event held for...

Initial Coin Offerings: Can Regulators Curb the Risks?

Initial Coin Offerings: Can Regulators Curb the Risks?

With huge sums being raised by ICOs and the danger of scams proliferating, regulators are seeking ways to create the right framework for supervision. For tech startups hungry for capital, an initial coin offering (ICO) seems to offer a dream: It lets them raise millions of dollars online with...

The Daily Devil’s Dictionary: To “Subvert” Cryptocurrency?

The Daily Devil’s Dictionary: To “Subvert” Cryptocurrency?

Venezuela has created its own cryptocurrency and US politicians are not happy. In the past year, cryptocurrencies have taken a significant place in the news cycle for two reasons. First, they intrigue everyone within today’s money-obsessed economy who is on qui vive about opportunities to make...

Is Bitcoin Really in a Bubble?

Is Bitcoin Really in a Bubble?

Despite bitcoin’s growing credibility among individual and institutional investors, the cryptocurrency’s skyrocketing price is causing some concern. Investors and speculators are biting into bitcoin — in a big way. The price of the cryptocurrency surged by nearly 1,900% in 2017, to an...

Bitcoins for the Uninitiated: An Introduction

Bitcoins for the Uninitiated: An Introduction

What are the shortcomings of investing in Bitcoin? Let’s start at the beginning: What, you might ask, is a "Bitcoin"? A Bitcoin is a cyber monetary unit used in a revolutionary financial system known as Bitcoin, applicable to real-world transactions. The notion of a cyber monetary unit...

Make Sense of the World: Weekly Roundup

Make Sense of the World: Weekly Roundup

Fair Observer's roundup of the week's events. The deal with Iran has put downward pressure on oil prices. The country is known to have the world’s fourth largest reserves. Sanctions “cut Iran’s oil sales from 2.5 million...

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